Can Boros bring $Pendle its next billion in revenue and FDV? — with TN (Co-Founder of Pendle)

In this episode of BidCast, Jason Kan interviews TN, the founder of Pendle, about the platform's sustainability and future growth. TN explains Pendle's strategy of tokenizing points and focusing on opportunities in stablecoins and real asset tokens to retain liquidity. They discuss Pendle's role in distributing PT assets across money markets like Morpho, Euler, and Aave, creating synergistic relationships with underlying protocols. The conversation covers the permissionless listing process, revenue generation through swap fees and YT fees, and fee optimization strategies. TN shares details about Pendle's partnership with Athena, including the launch of iUSDE, and explains how Boros works, enabling users to trade funding rates with leverage. They also touch on Solana expansion, TradFi adoption, and the potential for Boros to revolutionize interest rate trading, estimating significant revenue potential despite initial complexity and the need for user education.